Maliki: Trade Bank of Iraq regained delayed debts

Maliki: Trade Bank of Iraq regained delayed debts
2013-07-07T10:55:27+00:00

, stressing that Iraq is seeking to adopt a new political economy after emerging from Chapter VII.

“This bank is still new and has passed through difficult circumstances and incorrect practices, but we returned things on track,” Maliki said in a speech during 10th anniversary of celebrating the establishment of the Trade Bank of Iraq, briefed by “Shafaq News”.

“The delayed debts of investors were more than a billion and a half dollars but the bank was able to recover them, as these loans have entered practically under the construction and reconstruction process,” he said.

Prime minister talked also about Iraq’s getting out from Chapter VII by saying, “Iraq is heading towards reconstruction , services and is increasing its wealth, and work on the multiplicity of the per capita income of the Iraqi person across the tourism industry which is an important aspect to address every fault that we suffer from”.

Maliki confirmed that Iraq is still suffering from deterioration of the service conditions , now after we get out of Chapter VII , we are heading to the two directions over the consolidation of wealth and promoting new economicpolicy in the country. "

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